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Topic: Which coin I should investmen with 5k dollars? - page 2. (Read 4280 times)

jr. member
Activity: 168
Merit: 1
I'm buying DEFI tokens cuz I believe DEFI will change the world forever
PEAKDEFI is one of my top ones https://coinmarketcap.com/currencies/peakdefi/
member
Activity: 382
Merit: 12
Axioma Holding - Axioma Pay Crypto Card
5k is a nice amount to spread with 1k into 5 different markets at once. Of course, the difficult part would be to choose those markets but worry not. There are charts and data available you can use to help you decide. Simply, try to read the indicators from coinkecgo for the top 50 or so alts and take your pick.

As for my top5, I'd pick BNB. You could also invest into the early markets with strong growth like DAO maker or POLS which has been down quite a bit. In any case, take your time and look around as there is a lot of choice.
dividing it into 5 coins is very good. Personally, I will divide it into 3 coins. ETH, BNB, and maybe XRP or ADA. it might be $ 2000 for BNB, $ 2000 for ETH, and $ 1000 for ADA. or maybe split it into 2 altcoins ETH and BNB with a percentage of 50:50. however, the potential upside for both coins is very high.

I think it's a very good idea to invest. at least we can find the advantages of many types of coins invested even though the profit is small !. But I myself am more interested in piling up on one type of coin, because the benefits obtained there are also greater.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
5k is a nice amount to spread with 1k into 5 different markets at once. Of course, the difficult part would be to choose those markets but worry not. There are charts and data available you can use to help you decide. Simply, try to read the indicators from coinkecgo for the top 50 or so alts and take your pick.

As for my top5, I'd pick BNB. You could also invest into the early markets with strong growth like DAO maker or POLS which has been down quite a bit. In any case, take your time and look around as there is a lot of choice.
dividing it into 5 coins is very good. Personally, I will divide it into 3 coins. ETH, BNB, and maybe XRP or ADA. it might be $ 2000 for BNB, $ 2000 for ETH, and $ 1000 for ADA. or maybe split it into 2 altcoins ETH and BNB with a percentage of 50:50. however, the potential upside for both coins is very high.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
Bitcoin will be pretty good option for long term investment, if you still really want altcoin... then choose Ethereum.

Any other altcoins is very risky since it doesn't have strong fundamental and holders, you'll see pump and dump scheme.

Don't try to invest in DEFI whenever it's on top 1 token since it's only FOMO and you'll got rekt easily if the token is crash.

For a long term investment, same here. As a newbie who needs time to explore things in crypto you're not yet familiar to other altcoins, I think it is better that you invest on the safest coin. As of now, you can start on either Bitcoin or in Ethereum. As time passes by if you already gain enough knowledge on how to trade, invest, or you know how to read price directions maybe it is already time that you invest on other coins that you think is profitable.The amount of $5K is a good amount so just for the assurance, BTC and ETH is a good coin to start.
You are right but that 5k amount can be reduced to minuscule when he invests in the wrong moments and assets.
the current situation of wanting to enter with 5K I think will be very risky especially without investment and trading knowledge.
all assets in ATH are currently at risk for us to enter. better to wait for the big dump momentum to happen. then we can choose assets that are certain for the long term.
member
Activity: 182
Merit: 10
Bitcoin will be pretty good option for long term investment, if you still really want altcoin... then choose Ethereum.

Any other altcoins is very risky since it doesn't have strong fundamental and holders, you'll see pump and dump scheme.

Don't try to invest in DEFI whenever it's on top 1 token since it's only FOMO and you'll got rekt easily if the token is crash.

For a long term investment, same here. As a newbie who needs time to explore things in crypto you're not yet familiar to other altcoins, I think it is better that you invest on the safest coin. As of now, you can start on either Bitcoin or in Ethereum. As time passes by if you already gain enough knowledge on how to trade, invest, or you know how to read price directions maybe it is already time that you invest on other coins that you think is profitable.The amount of $5K is a good amount so just for the assurance, BTC and ETH is a good coin to start.
legendary
Activity: 2030
Merit: 1189
5k is a nice amount to spread with 1k into 5 different markets at once. Of course, the difficult part would be to choose those markets but worry not. There are charts and data available you can use to help you decide. Simply, try to read the indicators from coinkecgo for the top 50 or so alts and take your pick.

As for my top5, I'd pick BNB. You could also invest into the early markets with strong growth like DAO maker or POLS which has been down quite a bit. In any case, take your time and look around as there is a lot of choice.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
Uni is  'exchange' coins and all exchange coins (like UNI, BNB, CRO, SUSHI, 1INCH) and 'lending' coins (like AAVE) can go during this bull market beyond how much its risen already.

I've noticed these coins have been able to grow immensely as more and more new retail crypto investors pour into the market, which makes perfect sense to me, since exchanges are the platforms which facilitates these new investors, while lending tokens enable higher leverage.

So uni Will touch easily 50$ in future.
full member
Activity: 1258
Merit: 104
I suggest you choose an altcoin that already has good prospects for short and long term investments, such as ETH, BNB, LTC, etc.
but if you invest in DeFi select the top level, all the choice is yours alone, we can only suggest it
Yes, nowadays most of the tokens are good to choose in terms of investment,
but the best ones are always at the top level or the top rank because tokens that are often in the top rankings are always interested.
full member
Activity: 666
Merit: 108
Try not to pick the coins that all around siphoned.Your danger to lose your cash brought about by the landfill will be extremely high. It's smarter to think the coins that is not yet siphoned. Speck and BNB previously exaggerated at the present time. consider the coins from the TOP 100 CMC that has excellent liquidity.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
If I have that kind of money right now to invest in crypto currencies, I think I will go for good altcoins, most people here saying you should invest the money in bitcoin, it depends on how long you want to hold them, if you wanna hold for a very long time like let's say 3 to 4 to 5 years, then I agree you invest the money in bitcoin or Ethereum, but if you do not want to hold for this long, then better do your research, look for altcoins, (don't put all your eggs in one basket) good ones with good team and promising technology backing it, I believe that if you make the right choices, you can even 50x or 100x your money, never make the mistake of investing in bitcoin for the short term goal because the chance that you might later withdraw your money at a great loss is high, if you decided to invest in bitcoin, then be ready to hold for nothing less than 3 to 4 years, that's the only way you are guaranteed to make good profit from your investment.
newbie
Activity: 57
Merit: 0
i would suggest
cake , matic
full member
Activity: 827
Merit: 100
I advise you to be on coins that have the potential to be like coins in the top 10 coinmarketcap because we know you allocate large amounts of money, so if you want your assets to keep running maybe you have to be careful in managing your money for investment.
copper member
Activity: 1428
Merit: 253
My suggestion is going to look around the crypto markt, such as visiting coinmarketcap website, see which old major currencies dont pump in this BULL period, that kind of coin is your investment object, picking 2~3 coins to buy.
large enough money to buy investment assets. but looking at market conditions it doesn't seem good for you to go in and buy your long-term asset. Even for beginners, the short-term trends in the current market will only make you panic fast.
My advice is to pay attention to the market conditions below. it will be safer for you. indeed we don't know when that will happen. but it will. You have plenty of time to study crypto assets and markets. learn before you invest. don't just follow the hype that is going on in the market. it can kill your money.
legendary
Activity: 3766
Merit: 1217
My suggestion is going to look around the crypto markt, such as visiting coinmarketcap website, see which old major currencies dont pump in this BULL period, that kind of coin is your investment object, picking 2~3 coins to buy.

From my 9 years of experience with cryptocurrency, I would warn you that this is a wrong strategy. If a coin is stagnant when most of the other cryptocurrencies are moving up, it can be due to two reasons - either the promoters are dumping their coins in bulk, or the project has failed to gain acceptance in the market. In both the cases, I would argue against investing in that particular coin. Consider it, only if you have concrete reasons to believe that it will go up in the future. Don't invest in any coin blindly, because it is stagnant.
full member
Activity: 533
Merit: 100
My suggestion is going to look around the crypto markt, such as visiting coinmarketcap website, see which old major currencies dont pump in this BULL period, that kind of coin is your investment object, picking 2~3 coins to buy.
sr. member
Activity: 1176
Merit: 282
now I would recommend buying ETH, since the transaction price has dropped, its growth will be 100%. I think x2 can really be done in 3-6 months.
- At ethereum's current promotional price, buying it will give us absolute gains in the future but the expected time for profit seems to be too long, if you can only double your capital within 6 months, that is still quite a waste of this resource. Rather than dedicating all resources to ethereum, I encourage more persistent swapping of objects based on market announcements and events, it could be CAKE, BNB, ADA, even some other altcoin, as long as these altcoins can glow, I wouldn't hesitate to split up a portion of the capitalization to shine with them
I don't think so. It seems to me that the bnb price cannot do the Xs that eth can do now. When commission prices fall in eth, people will smoothly move back to air.
full member
Activity: 560
Merit: 105
I suggest you choose an altcoin that already has good prospects for short and long term investments, such as ETH, BNB, LTC, etc.
but if you invest in DeFi select the top level, all the choice is yours alone, we can only suggest it
member
Activity: 924
Merit: 11
I think now is the time when you need to buy Bitcoin ​(If you want to long term investment ), if not, then buy Ethereum ​or Binance Coin (some people say that the  BNB will be 1000 $  Ethereum 3500$)
sr. member
Activity: 1540
Merit: 255
Hi guy,

I have 5k dollars, you think i should investment any altcoin.



Do you think about UNISWAP? i see it have a top rank in DEFI.

Thanks you.
It depend on how long you will invest your fund if you are just into short term investment try NFTs such as ENJ, TLM and AXS but if you are into long term investment diversify your port into some top rank cryptos such as ETH, BNB, XRP, DOT, ADA and LINK

The right choice, we should always divert our investment in different portfolios, otherwise, we might lose value when the markets going down. We should always shift our idea's based on the market situation, now there is a huge demand for BSC platform based coin like CAKE.
hero member
Activity: 1498
Merit: 537
If you want to make money real quick then my suggestion will be to follow the trends. The Crypto market always has a trend, and if you follow it, you will make good amounts of money. In 2017, the ICO In 2020 Defi trend made real hype then 2021 NFT trend came and the many NFT project did very well. Currently, the IDO trend is ongoing, so it will be better to invest in a new IDO launchpad project and cash out from every project if you are in profit without holding it for a long time.
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